Number
250691
Version
SUBSTITUTE 1
Reference
Sponsor
The Chair
Title
Substitute resolution increasing 2025 capital grantor share appropriation authority.
Body
Whereas, The Capital Improvements City-Wide Grantor Share Non-City Cash Account, No. 0306-9990-R999-SP032250100 was funded in the amount of $10,000,000 in the 2025 adopted budget; and
Whereas, This account provides funding for projects which receive partial reimbursement through various grant programs, but require the city to front the project cost; and
Whereas, the city’s participation in grantor share needs in 2025 will require up to $10,000,000 of reimbursable authority for Port Milwaukee’s Agricultural Maritime Export Facility that was not contemplated during the development of the 2025 budget; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that up to $10,000,000 in additional expenditure authority is appropriated to the Capital Improvements City-Wide Grantor Share Non-City Cash Account No. 0306-9990-R999-SP032250100 and the Estimated Revenue/Funding Source (2025 VSNCCR – Grantor Share Non-City Cash Revenue); and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to establish the necessary accounts and accounting procedures to carry out the intent of this resolution.
Requestor
DOA-Budget and Management Division
Drafter
Mason Lavey
August 17, 2025
I:\FINANCE\Resolutions\2025 Resolutions\Grantor Share\ 2025 - Capital Grantor Share Appropriation Authority (Port Milwaukee) - Resolution